11 Tulip Lane, Palo Alto, California 94303, East Palo Alto, 94303 - 3 bed, 1 bath
11 Tulip Lane
Palo Alto, California 94303
Property Price
SUMMARY
Analysis of 11 Tulip Lane, Palo Alto, California 94303 reveals a Prime Investment Opportunity with a current list price of $2,895,000—significantly undercutting the $3,138,933 Fair Market Value by 7%. This valuation gap indicates a +$243,933 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Palo Alto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11 Tulip Lane Subject | $2,895,000* List Price | 3 | 1 | 1,114 | $2,818 | - |
A 579 Jackson Drive Sold | $3,750,000 | 3 | 2 | 1,387 | $2,704 | 0.2 mi |
B 527 Rhodes Drive Sold | $3,301,000 | 3 | 2 | 1,387 | $2,380 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1949, the property is described as 'partially updated' and move-in ready, which suggests regular upkeep but not a full-scale modern renovation. With only one bathroom for three bedrooms and a modest 1,114 square foot layout, the home reflects mid-century standards rather than current luxury expectations. While functional and livable, the age of the structure and the 'partial' nature of updates align with the Fair category, where major components are functional but show signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Palo Alto High School (9/10).
- Premier School District
The property is served by the highly-rated Palo Alto Unified School District, including Palo Alto High School, making it an exceptional investment for families seeking top-tier education.
- Significant Development Potential
Situated on a generous 6,600 square foot lot in the sought-after Green Gables Addition, the property offers a prime opportunity to expand, remodel, or build a custom luxury home.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom serving three bedrooms, the current layout may be inconvenient for modern families and likely requires a functional expansion to meet market expectations.
- High Price per Square Foot
The listing price of nearly $2.9 million for a modest 1,114 square foot structure represents a very high cost per square foot, primarily reflecting the land value rather than the existing improvements.
About 11 Tulip Lane
Delightful, single story 3 bedroom 1 bath home located in Palo Alto's sought after Green Gables Addition. Partially updated on a 6,600 ft lot, you can move right in, expand, remodel or build a new home. Palo Alto schools !
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 6,600 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palo Alto Unified Schools
Duveneck Elementary School
Grades K-5 • 0.3 mi
David Starr Jordan Middle School
Grades 6-8 • 0.7 mi
Palo Alto High School
Grades 9-12 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 1,114 | 1,500 | 28% |
| Lot Size | 6,600 | 6,480 | 53% |
| Price | $2.90M | $2.90M | 50% |
| Price per sq ft | $2.6K | $1.3K | 87% |
| Built year | 1949 | 1952 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 155 | 2% |
Pricing History
Listed for Sale
Feb 26, 2026
$2,895,000
Initial Listing